Cloud & Infrastructure

    Coverage of regulatory trends, risks, and innovations in the adoption of cloud services and critical infrastructure for financial institutions.

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    AI Risk & Governance

    US Treasury Seeks Input on Use of AI in Financial Services

    By Manesh Samtani | 07/06/2024

    Treasury Secretary Janet Yellen said the use of AI in finance presents “tremendous opportunities and significant risks”.

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    Cloud & Infrastructure

    ECB Consults on Guidance for Outsourced Cloud Services

    By Mark Johnston | 05/06/2024

    The guide covers governance of cloud services, disaster recovery, data security and confidentiality, exit strategy, and other areas.

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    Structural Regulation

    Bangladesh Bank Grants First Digital Banking Licence

    By Editors | 03/06/2024

    The licence was granted to Nagad Digital Bank, which first approached Bangladesh Bank about a digital bank licence in 2020.

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    Structural Regulation

    RBI Finalises Recognition Framework for Fintech SROs

    By Ajoy K Das | 01/06/2024

    Entities seeking to become self-regulatory organisations in the fintech sector may submit an application with the RBI.

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    Cloud & Infrastructure

    RBI Announces Launch of Three New Fintech Initiatives

    By Ajoy K Das | 31/05/2024

    The RBI launched a new application portal, a mobile app for G-Secs trading, and repositories containing FinTech and EmTech data.

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    Data Privacy

    MAS Observes Data Governance Gaps at Some Banks

    By Nithya Subramanian | 30/05/2024

    Banks that underwent thematic inspections on their data governance and management have taken or are taking remedial actions.

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    Structural Regulation

    ASIC to Launch New Professional Registers Search in June

    By Sanday Chongo Kabange | 30/05/2024

    The platform will allow users to search for a licence or registration across multiple registers with a single search.

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    Climate Risk

    HKMA Launches Beta Platform for Physical Risk Assessments

    By Sanday Chongo Kabange | 30/05/2024

    The cloud-based platform enables banks to assess the physical risks of climate change on residential and commercial buildings.

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    Cloud & Infrastructure

    BSP Eyes Open Finance Platform for Pensions, Insurance

    By Mark Johnston | 28/05/2024

    The open finance platform will use APIs to support access to different pension and insurance products and boost financial inclusion.

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    AI Risk & Governance

    MAS Released New Project MindForge Whitepaper

    By Editors | 28/05/2024

    Building on the FEAT Principles and Veritas Methodology, the paper introduces a “platform-agnostic” reference architecture for responsible GenAI adoption.

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